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Intesa Sanpaolo launches the Observatory to reduce the mismatch between supply and demand in the world of work

It's called "Look4Ward" and was created by Intesa with the LUISS Guido Carli University in order to reduce the mismatch between the demand and supply of skills in the world of work

Intesa Sanpaolo launches the Observatory to reduce the mismatch between supply and demand in the world of work

What are the skills most in demand by a constantly evolving job market? To answer this question Intesa Sanpaolo, together with the Strategic Change Research Center "Franco Fontana" of theLUISS Guido Carli University, and in partnership with SIREF Fiduciaria, Accenture and Digit'Ed gives life to theObservatory for tomorrow's work, a concrete tool available to the entire community to reduce the mismatch between the demand and supply of skills in the world of work.

From the Observatory it emerges that against a rate of unemployment in Italy of 7,8%, which rises to 22,3% among young people, 45% of companies are unable to find the manpower necessary for development. To fill this gap it is necessary to invest in skills, above all by leveraging new technologies, sustainability and soft skills. The generational handover also represents an opportunity to activate innovative and sustainable transition processes in Italian companies, maintaining and increasing the levels of competitiveness, also at an international level.

“Intesa Sanpaolo has for some time made a commitment to promote initiatives to reduce inequality and promote employability, especially of young people, a commitment reinforced with the 2022-2025 Business Plan – he explained Elisa Zscopio Marsala, Head of Social Development and University Relations Intesa Sanpaolo -. Hence the idea of ​​a permanent Observatory, to actively contribute to the issue of the demand for skills in the labor market, to support sustainable and scalable work inclusion programs, with a positive impact for the country".

Intesa's observatory for tomorrow's work

Is called "Look4Ward“, a platform for analyzing and monitoring the needs of new skills, the regeneration of professional figures in distinctive areas for our country, as well as profiles to support new businesses. A quali-quantitative study on labor market skills in six sectors will be published every six months: Hospitality, Agrifood, Energy, Social & Health, Banking, It, with a vertical focus on significant trends – neet, generational change, silver economy, blue economy and others – to bring out which ones are necessary for the retraining of professional figures and to promote socio-labor inclusion.

Il Scientific Committee of the Observatory is made up of Elisa Zcampo Marsala, Head of Social Development and University Relations Intesa Sanpaolo, Gregorio De Felice, Chief Economist Intesa Sanpaolo, Guido de Vecchi, Chief Executive Officer of SIREF Fiduciaria, Paolo Boccardelli, Director of the "Franco Fontana" Research Center in Strategic Change, Luiss Guido Carli University, Enzo Peruffo, Director of MBA & Executive Education Luiss Business School, Francesca Culasso, Full Professor in Business Economics University of Turin, Rosario Russo, Managing Director ICEG Talent Organization and Change Lead Accenture, Mario Vitale, Chief Commercial Officer Digit 'And.

The first publication

The Observatory's first publication, “A look at NEET. Analysis, categorization and intervention strategies”, focuses on the increasingly widespread problem in Italy and in Europe of young people who do not work, do not study and are not engaged in any training activity. According to Eurostat data, in 2021 the so-called NEET (Not in Education, Employment or Training) in the European Union were 13,1% of young people aged between 15 and 29, with a significant difference between women (14,5%) and men (11,8%), while Italy is the EU country with the highest percentage (23,1%), around 2,1 million young people, which rises to 3 million if we consider young people aged between 15 and 34 years. The research identifies five archetypes of NEETs - the abandoned young people, the young mothers, the potential young people, the children of the lockdown, the talents of the mismatch - which summarize the Italian experience with respect to the phenomenon, with the aim of displaying some of the recurring characteristics to allow for a better understanding. Over the next few months, it is planned to listen to senior figures of large Italian companies and SMEs to map the territorial distribution of the required skills, through interviews and surveys on the most relevant aspects. The goal is to make a contribution of knowledge useful for activating training courses aimed atsocial inclusion andemployability.

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